Legendary Inv. Share Discussion Threads

[michaelsadvfn] 23/3/2018 07:36

p.s. with hindsight it would appear you were wise not to accept the job of co-running that massive new brokerage in NYC you told us about.

maybe your luck is changing.

just adding that like

[soupdragon55] 23/3/2018 07:32

Sid, what's the deadline for appointing a new broker?

[michaelsadvfn] 23/3/2018 07:32

david,

Wall St. was down over 700 points yesterday. Did you sense the mm’s didn’t want any concerted buying?

Just wondering like.

[chinese investor] 23/3/2018 07:26

And now, the end is near;
And so LEG face the final curtain.
My friend, I'll say it clear,
I'll state the case, of which I'm certain.

LEG lived a life that's full.
It traveled each and ev'ry highway;
But more, much more than this,
Zaf did it his way.

Regrets,there've been a few;
But then again, too few to mention (not actually true but hey)
LEG did what it had to do (bleeding shareholders dry)
And saw it through without exemption (certainly not in PP's case)

Zaf planned each charted course;
Each careful step along the byway,
But more, much more than this,
He made a lot of sly pay.

Yes, there were times, I'm sure you knew
When he bit off more than they could chew.
But through it all, there was no doubt ,
LEG ate them up and spit them out.
Investors faced it all and they stood tall;
And lost their payday.

They've lost, they've cursed and cried.
They've had their fill; their share of losing (I'll say)
And now, as tears subside,
They seem to find it so amusing (not strictly correct)

To think LEG spent all that;
And may I say - not in a shy way,
"No, oh no not him,
Zaf has gone on his highway".

For what is a firm, what has it got?
If not a sound business case, then it has nought.
To say the things they truly feel;
And not the deeds of one unreal
The record shows investors took the blows
And lost their payday !

[carefreesid] 23/3/2018 07:23

No surprise to see continued selling here. Suspension or fund raising to look forward to.

[professor pettigrew] 23/3/2018 07:20

A jolly good morning to all genuine LEG holders.

[carefreesid] 23/3/2018 07:17

Another week of no new broker news.

Its going to the wire.

[carefreesid] 22/3/2018 23:51

Looks like the seller, probably cfa, got more aggressive today, in the knowledge that if this is suspended, they cant sell, and if their bond raise is disappointing (LOL), the share price here will fall further.

What do you think prof? mms playing games and not wanting buyers?

[carefreesid] 22/3/2018 22:28

Yup. You've really been bang on with your predictions here, prof.

[professor pettigrew] 22/3/2018 21:33

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[chinese investor] 22/3/2018 21:30

0.1p Party !

[professor pettigrew] 22/3/2018 21:25

Fully agree Belt. When our VS holding alone is worth double the current mcap, it then puts a value of zero on all our other interests.

So, let's take a worst case scenario and say that the rest of our holdings are worthless.

But, we know VS is far from that. Aside from the sales, which are either CfA just raising some cash or a few nervous sellers, are the decent buys someone accumulating a stake?

Once 3% is reached, as you know, it has to be reported. Zaf just has to get his finger out where PR is concerned, and keep us and the market more informed.

[professor pettigrew] 22/3/2018 20:19

Anyone care to have a punt on the amount CfA will raise in their Crypto Bond fund?

My guess is around £10m.

We know mudbath reckons they won't even raise £1m, so if anyone fancies a go just post the amount for a bit of fun you think they will raise.

[professor pettigrew] 22/3/2018 20:12

KK - yes, PR is almost non-existent, he comes across as a quiet type sometimes.

I'm still convinced there is a lot going on behind the scenes, if you listen to his interview again, it's obvious VS have been signing up more clients, but they are small ones and there is really no obligation on their part to let LEG know as they are small enough not to be market sensitive.

What we need is news re the IBS licence for starters. CfA I'm sure will be very successful with their crypto bond fund raise, VS are doing the biz, and we just need news of our new broker.

It's ironic though that some people decided to sell today of all days. The golden rule is that days like are buying days, not selling ones.

Going against the crowd is usually the way forward. Big plunge on the Dow tonight do London will be weak in all departments tomorrow, at least for the first few hours.

Always remember Bruce Rowan owns 8% of the entire LEG stock, I'm sure Zaf wouldn't want to upset him too much!

[chinese investor] 22/3/2018 17:47

Share price less than nominal value is not good in my experience.
30 years plus in "The City" !

"The 9.7% stake will be paid for through the issuance to CfA of 248,275,862 Legendary ordinary shares of 0.1 pence nominal value each ("Ordinary Shares") which equates to 0.145 pence per Leg Share."

[gottopickapocketortwo] 22/3/2018 17:07

Come on zaf sort it out !

[kemorkid] 22/3/2018 17:01

I agree with you pp.
Nervous people
But Zaf Karims pr is atrocious
ZK you are not very shareholder friendly
at the moment.
Kindly get the finger out of the proverbial

[chinese investor] 22/3/2018 16:59

....anyway I've been informed of the details !